Sometimes described as a surfer’s wet dream, Rye is a coastal town between Blairgowrie and Rosebud. It’s a staple holiday destination because of its pristine beaches, beautiful weather, laidback lifestyle, and a large concentration of shops that dot east of Dundas Street. Since it’s a popular option, you can always find houses for sale in Rye, although the property value is consistently above par with the median cost in Victoria.
However, even if the real estate in Rye is more expensive than the average, you will never see a shortage of buyers. The population of Rye was around 8,500 based on the 2016 Census. But the number of residents today has ballooned to an estimated 13,000. The population increase speaks volumes about the status of the real estate market in the area.
Why Look for Houses for Sale in Rye?
- Everything is accessible — The town is relatively small, so you do not have to travel far to the supermarket, hospital, eateries, and other modern conveniences. Most amenities are concentrated in the town centre, but the neighbourhoods also feature mom-and-pop stores that sell homemade food and biscuits. Rye is a walking town since the beach, restaurants, corner shops, and bars are only a few steps away.
- Friendly people — While residents probably regret that their long-held secret about Rye is out, they still welcome tourists and would-be residents with a smile. There’s a reason why listings on houses for sale in Rye do not stay in the market for long. Plenty of retirees, surfers, and families enjoy the sun, sand, and sea.
- Untamed side — Gentrification has not yet fully hit Rye, which can be good or bad depending on where you sit. Some people like that there are still large patches in the town that are primarily unspoiled by modernity. They can be one with nature anytime with the peace of mind that they can always go back to reality after hopping in the car and driving back to the town centre.
- There are always things to do — Visit Dundas Milk Bar for their iconic chips and gravy. If you are lucky, perhaps you might bump into the unofficial resident, Lefty—-the one-legged seagull. For golfers, they can head off to The Dunes, which features challenging greens and wide fairways. It’s described as one of the best courses in Australia. A significant volume of houses in the town consists of holiday homes. So, it’s not often you see signs announcing houses for sale in Rye. That’s why you must work with an agent with in-depth knowledge about this sleepy coastal town. Before the pandemic, the iconic Wittingslow Carnival was a summer staple at Rye’s pier. But it’s closed in April 2022. Hopefully, it will be back again with things normalised
- Surfer’s paradise — Head Injuries, Spooks, Gumboots and Snatches. If you are a surfer, you would know those names right away from the mouths of locals. However, judging from the titles, you need some advanced skills to tackle these breaks. But other tamer waves are perfect for beginners and families.
- Coastal activities — The beach is the town’s jewel, so it makes sense that a large concentration of activities can be found on the coast. You can find shelters, picnic areas, and walking or biking spots on Bay Trail. The 28-kilometre area extends from Portsea to Safety Beach. You can head to the Octopus’s Garden to explore the sea bed since they offer snorkelling lessons through an underwater trail 200 metres below. Foreshore facilities are affordable and diverse, so you will always find something for you and the kids. If you are tired from all those activities, soothe your muscles at the Peninsula Hot Springs, just a short six-minute drive away.
- Parks aplenty — When you are surrounded by nature, having parks is almost redundant. But then again, Rye residents are always spoiled. And that’s also why buyers are lining up to bid for houses for sale in Rye.
There’s a playground on the foreshore and ice cream shops nearby for when the sun becomes too hot. The Ryes Up playground resulted from a community effort, and public funding is usually a favourite among kids and kids-at-heart. The historic Rye Pier, built-in 1860 in Port Phillip Bay, still survives today after being restored by the Victoria Parks management.
The houses for sale in Rye typically hover around the million-dollar range. For example, the median listing was $1.2 million in the past twelve months. Meanwhile, apartments and units usually cost around $600,000 to $700,000. As you can see, the coastal town is a seller’s market, so you have to be strategic if you want to settle there eventually. Nevertheless, you can seek the help of a local realtor who can help you find a house within your budget.
Hi, I am Aria. I am a passionate blogger. Blogging is my profession. I love to write articles on several topics. Keep up the good work and Have a great day!
